Maave Electronics Private Limited

Manufacturer of LED lights, display boards, solar lights, and signaling products for Indian railways.

2007 | Hyderabad, Telangana (India) | Active
Last Updated: December 19, 2024

Maave Electronics Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.05 Cr
  • Company Age 17 Year, 5 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 5.25 Cr
  • Satisfied Charges ₹ 2.85 Cr
  • Revenue Growth -94.55%
  • Profit Growth -5711.63%
  • Ebitda -179.14%
  • Net Worth -127.47%
  • Total Assets -1.39%

About Maave Electronics

Maave Electronics Private Limited (MEPL) is a Private Limited Indian Non-Government Company incorporated in India on 31 August 2007 and has a history of 17 years and five months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2019. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.05 Cr.

The company currently has active open charges totaling ₹5.25 Cr. The company has closed loans amounting to ₹2.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkateswara Golla and Venkateswara Potluri serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maave.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999TG2007PTC055355

  • Company No.

    055355

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Aug 2007

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Maave Electronics?

Board Members (2)

NameDesignationAppointment DateStatus
Venkateswara Golla Country flag representing In Director 31-Aug-2007Current
Venkateswara Potluri Country flag representing In Whole-Time Director 03-Jan-2015Current

Financial Performance of Maave Electronics.

Maave Electronics Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 94.55% decrease. The company also saw a substantial fall in profitability, with a 5711.63% decrease in profit. The company's net worth observed a substantial decline by a decrease of 127.47%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-94.55%
Revenue from Operations
-94.63%
Total Assets
-1.39%
Profit or Loss
-5711.63%
Net Worth
-127.47%
EBITDA
-179.14%

What is the Ownership and Shareholding Structure of Maave Electronics?

In 2019, Maave Electronics had a promoter holding of 0.48% and a public holding of 99.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.25 Cr

Satisfied Charges

₹2.85 Cr

Charges Breakdown by Lending Institutions

  • Andhra Bank : 5.25 Cr

Latest Charge Details

DateLenderAmountStatus
29 Dec 2012Andhra Bank₹5.00 MOpen
05 Sep 2009Andhra Bank₹4.75 CrOpen
14 Aug 2008Development Credit Bank Limited₹2.85 CrSatisfied

How Many Employees Work at Maave Electronics?

Maave Electronics has a workforce of 12 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maave Electronics, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Maave Electronics's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Maave Electronics

Recent activity within the organization

  • Annual General Meeting

    Maave Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Maave Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Hyderabad.

    31 Mar 2019

  • Director Appointment

    Venkateswara Rao Potluri was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 Jan 2015 & has been associated with this company since 10 years 1 month .

    03 Jan 2015

  • Charges

    A charge with Andhra Bank of Rs. 4.75 Cr registered on 05 Sep 2009 with Charge ID 10173441 was modified on 05 Jun 2014.

    05 Jun 2014

  • Charges

    A charge with Andhra Bank amounted to Rs. 0.50 Cr with Charge ID 10402731 was registered on 29 Dec 2012.

    29 Dec 2012

  • Charges

    A charge with Andhra Bank amounted to Rs. 4.75 Cr with Charge ID 10173441 was registered on 05 Sep 2009.

    05 Sep 2009

Frequently asked questions

  • Maave Electronics Private Limited was incorporated on 31 Aug 2007.

  • The authorized share capital of Maave Electronics Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.05 Cr.

  • Currently 2 directors are associated with Maave Electronics Private Limited.

    • Venkateswara Rao Golla
    • Venkateswara Rao Potluri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maave Electronics Private Limited is Plot No. 192/B Iiird Floor Ida Phase Ii, Cherlapally India, Hyderabad, Telangana, 500051.

  • The corporate identification number (CIN) of Maave Electronics Private Limited is U74999TG2007PTC055355 and the company number is 055355 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maave Electronics Private Limited is https://www.maave.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Maave Electronics Private Limited has fallen by -94.55%.

  • As Per 2019 financial reports, 12 employees are currently employed by Maave Electronics Private Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Maave Electronics Private Limited has experienced an downturn of -127.47%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Maave Electronics Private Limited amount to ₹ 5.25 Cr.

  • The most recent Balance Sheet for Maave Electronics Private Limited was filed with the ROC on 31 Mar 2019.

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